Lument Finance Trust (NYSE:LFT) Issues Earnings Results

Lument Finance Trust (NYSE:LFT) announced its quarterly earnings data on Friday. The technology company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.04), Zacks reports. Lument Finance Trust had a negative net margin of 3.47% and a positive return on equity of 7.21%. The firm had revenue of $5.70 million during the quarter, compared to analyst estimates of $4.59 million.

Here are the key takeaways from Lument Finance Trust’s conference call:

• Lument Finance Trust reported GAAP net loss of $0.02 per share and distributable earnings of $0.02 per share for Q1 2026, while maintaining its quarterly dividend at $0.04 per share.
• Net interest income improved sequentially to $5.7 million, helped by lower financing costs and better leverage after redeeming the LMF financing and using warehouse facilities.
• The company remained active in portfolio rotation, generating $47 million of payoffs and redeploying capital into two new multifamily loans plus a small minority participation, while ending the quarter with $21 million of unrestricted cash.
• Credit quality was stable but still pressured, with 7 loans risk-rated 5 totaling about $108 million and additional reserve builds tied to legacy assets and REO impairments.
• Management said the San Antonio REO property sold in early May for net proceeds of $12.4 million, and said it remains focused on resolving legacy assets and selectively redeploying capital into higher-quality opportunities.

Lument Finance Trust Stock Down 6.5%

Shares of Lument Finance Trust stock opened at $1.08 on Friday. The stock has a 50-day moving average price of $1.27 and a 200 day moving average price of $1.38. The company has a market cap of $56.37 million, a P/E ratio of -7.68 and a beta of 0.57. The company has a current ratio of 3.03, a quick ratio of 3.03 and a debt-to-equity ratio of 6.11. Lument Finance Trust has a 1 year low of $1.04 and a 1 year high of $2.65.

Lument Finance Trust Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.04 per share. This represents a $0.16 annualized dividend and a yield of 14.9%. The ex-dividend date was Tuesday, March 31st. Lument Finance Trust’s payout ratio is presently -114.29%.

Hedge Funds Weigh In On Lument Finance Trust

A number of large investors have recently made changes to their positions in the business. Russell Investments Group Ltd. lifted its position in shares of Lument Finance Trust by 302.0% in the fourth quarter. Russell Investments Group Ltd. now owns 32,987 shares of the technology company’s stock worth $47,000 after purchasing an additional 24,782 shares in the last quarter. State Street Corp grew its position in Lument Finance Trust by 4.2% during the fourth quarter. State Street Corp now owns 454,684 shares of the technology company’s stock valued at $659,000 after purchasing an additional 18,122 shares in the last quarter. Wells Fargo & Company MN increased its stake in Lument Finance Trust by 46.2% in the 4th quarter. Wells Fargo & Company MN now owns 51,170 shares of the technology company’s stock valued at $72,000 after buying an additional 16,179 shares during the period. Jane Street Group LLC purchased a new stake in Lument Finance Trust in the 4th quarter worth approximately $139,000. Finally, Goldman Sachs Group Inc. lifted its position in Lument Finance Trust by 71.3% in the 4th quarter. Goldman Sachs Group Inc. now owns 112,804 shares of the technology company’s stock worth $159,000 after buying an additional 46,936 shares in the last quarter. Institutional investors and hedge funds own 19.45% of the company’s stock.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen upgraded shares of Lument Finance Trust from a “sell” rating to a “hold” rating in a research report on Sunday, March 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company has a consensus rating of “Sell”.

About Lument Finance Trust

Lument Finance Trust is a real estate investment trust that focuses on originating and acquiring senior secured loans backed by commercial real estate properties. Listed on the New York Stock Exchange under the ticker LFT, the company seeks to generate attractive risk‐adjusted returns by targeting floating‐rate, first‐mortgage loans across a broad range of property types, including multifamily, office, retail, industrial and hospitality.

The firm’s core business activity centers on deploying capital into short‐ and medium‐term financing solutions for institutional real estate owners and developers.